Canada's Housing Frenzy Is Bad News for Central Banks Everywhere

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial reaction in the housing market when the Bank of Canada paused interest rate hikes?
A decrease in home prices
A buying frenzy and surge in home prices
Stability in the housing market
A decline in housing demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the reasons the Bank of Canada decided to resume rate hikes?
A rapid rebound in housing demand
A significant drop in housing prices
A decrease in inflation
An increase in unemployment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major issue affecting the housing market in Canada and other developed countries?
Decreasing population
High levels of immigration
Lack of housing construction
Excessive housing supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries are mentioned as experiencing a rebound in housing prices similar to Canada?
Brazil and Argentina
US and Australia
Japan and South Korea
Germany and France
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern is raised about the effectiveness of current rate hikes?
They are leading to deflation
They are causing a recession
They are not sufficient to curb rising house prices
They are too aggressive
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